By: Jeffery S. Watson Dear Anna, Have any of the following been causing a little extra pressure or making you feel squeezed in your real estate business – rising interest rates, tightening lending criteria by institutional lenders, near double-digit increases in real estate taxes and insurance premiums, or increasing costs for materials and supplies for repairs, renovations and rehabs? If any (or maybe...
Your weekly news & updates Here is this week's "Weekly Roundup" from Real Estate Investing Today, the news & views site from the National Real Estate Investors Association. Visit our Website U.S. Construction Spending Up Slightly in May ’23 The U.S. government is reporting that total construction spending in May, 2023 was at a seasonally adjusted annual rate of $1,925.6 billion, which is 0.9%...
By Brad Beckett A recent chart from the Visual Capitalist illustrates how U.S. home prices have grown over the past 50 years. In fact, they point out that in 2022 alone, prices grew significantly even as interest rates climbed higher. Stay safe and have a Happy Friday!
Your weekly news & updates Here is this week's "Weekly Roundup" from Real Estate Investing Today, the news & views site from the National Real Estate Investors Association. Visit our Website Pending Home Sales Down 2.7% in May The National Association of Realtors is reporting that pending home sales were down 2.7% in May, 2023. Click here to read more. New Home Sales Jump 12.2% in...
By Brad Beckett What kind of homes are owners and renters living in? Using data from the most recent American Housing Survey, today’s infographic from the Census Bureau illustrates how owners & renters occupy housing of different types and sizes. As always, have a safe and Happy Friday!!!
Flipping Land - Joe McCall with Equity Trust
By M. Jane Garvey Many investors get into real estate because they like to know that there is something physical and tangible that they are buying. It is perceived as lower risk than some other investments. In the case of providing housing, we are providing a much-needed service, so the presumption is that there is an inherent value. In a perfect...
Your weekly news & updates Here is this week's "Weekly Roundup" from Real Estate Investing Today, the news & views site from the National Real Estate Investors Association. Visit our Website Existing-Home Sales Up Slightly in May The National Association of Realtors is reporting that existing home sales were up 0.2% in May to a seasonally-adjusted annual rate of 4.30 million (down 20.4% year...
By: Brad Beckett The Declaration of Independence This Tuesday, July 4th, will mark 247 years of America’s independence! Today’s infographic takes a look at the Fourth of July “by the numbers” and provides insight into this holiday that we hold dear. Whatever you do to celebrate, do it safely and have fun…..and, as always, stay safe and have a Happy Friday!!! "The Fourth...
By: Jeffery S. Watson Dear Anna, “I’m tired of this!” I’ve heard that from several clients who are having to go back and locate or create records for their businesses. Their time of “running and gunning” and “easy money” is over, and they are now having to figure out what they borrowed, how they spent it, and what, if anything, they made. I am aware...